Quote from: athan on April 15, 2015, 05:37:23 PM

Quote from: supraGTR on April 10, 2015, 10:12:52 PM

I am creating a faucet and noticed why some faucets like motherfaucet, moonbitcoin and freebitcoin can pay more to users.

Looks like if you pay to users with the Xapo credit api you can do it via email ( if the user is Xapo user) or address (if user is non-xapo user).
Now Im trying to understand how faucets can pay more if they use Xapo.

Looks like if you pay to a Xapo user there is no fee because it's off blockchain. If you pay a non-Xapo user Xapo returns the miner fee to the faucet owner.

Does this make sense? Can anyone using them say if this is correct?

Yes, if you set up a Xapo faucet whether via the script (https://github.com/chipshotDEV/FaucetBuilder) or through the APIs (https://developers.xapo.com/api/#credit-api) there are no associated costs or fees, which allows for faucet owners to payout more to their users. The transactions are also much faster than alternatives; Xapo transactions are instantaneous and non-Xapo transactions are >24 hours.

Once you create the faucet, be sure to get your faucet on the Xapo faucet lists!

OK i understand. But I'm asking if the fees I save from using Xapo is enough to do bigger pay to my users? I win 30 bits in Bitcoin Zebra now.

If miner fees Xapo returns me is ~55 bits every time I pay to an outside wallet this is money I can use for the user. I give him bigger payout, like Zebra gives 30 bits, and I keep 25 bits. Correct? Huh

supraGTR

Posts

Merits